American Boat & Yacht Council Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 131939929 ✦ Annapolis, MD ✦ Designated as a 501(c)(3)

Overview

What is American Boat & Yacht Council Inc?

American Boat & Yacht Council Inc, situated in Annapolis, Maryland, is a dedicated nonprofit organization committed to enhancing boating safety. Their primary mission is to create and disseminate voluntary guidelines for boat safety, aiming to ensure the well-being of boaters. Furthermore, they engage in educating individuals about safe boating practices. The organization's presence in Annapolis serves as a testament to its dedication to promoting boating safety across the boating community.


Official website here: www.abycinc.org

Is American Boat & Yacht Council Inc legitimate?

American Boat & Yacht Council Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. American Boat & Yacht Council Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $223,185
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,400,474

For more financial information, click here


Official website here: www.abycinc.org

What is the mission statement of American Boat & Yacht Council Inc?

The American Boat and Yacht Council, an organization dedicated to boating safety, fulfills its mission by creating and disseminating voluntary standards for safer boat operations. Their primary focus is on educating individuals about safe boating practices. By promoting these standards and educational resources, the American Boat and Yacht Council strives to enhance boating safety for all.


Official website here: www.abycinc.org

Who is the CEO of American Boat & Yacht Council Inc?

John Adey is the Chair of American Boat & Yacht Council Inc.


Official website here: www.abycinc.org

What is the revenue of American Boat & Yacht Council Inc?

American Boat & Yacht Council Inc's revenue in 2022 was $3,583,025.


Official website here: www.abycinc.org

Who are the executives of American Boat & Yacht Council Inc and what are their salaries?

The average compensation at American Boat & Yacht Council Inc during 2022 was $81,183. There are 20 employees at American Boat & Yacht Council Inc.

Here are 16 key members and their salaries:

    John Adey (President)
  • Compensation: $223,185
  • Related: $0
  • Other: $0

    • Nancy Cueroni (Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jeff Wasil (Vice Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Pete Chisholm (Tech Board C) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Christina Paul (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Derek Rhymes (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Rob Newsome (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Lia Jaros (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Elio Betty (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Phil Cappel (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Gary Desanctis (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Eric Fetchko (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • David Johnson (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Matt Majors (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Cindy Squires (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Joseph Maniscalco (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.abycinc.org

    Where can I find the form 990 for American Boat & Yacht Council Inc?

    The American Boat & Yacht Council Inc’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.abycinc.org

    Learn more at the official website: www.abycinc.org

    Mission Statement of American Boat & Yacht Council Inc

    The American Boat & Yacht Council, a renowned organization, is dedicated to promoting boating safety. Their mission revolves around developing and disseminating voluntary standards for safe boating practices. By publishing these guidelines, they aim to ensure the safety of individuals engaging in boating activities. Moreover, the council also invests in educating people about boating safety, equipping them with the necessary knowledge to navigate the water safely. This proactive approach to boating safety positions the American Boat & Yacht Council as a vital player in the boating community, striving to minimize risks and promote a secure boating experience for all.

    Impact

    This information is meant to be a general summary of American Boat & Yacht Council Inc. Please take the time to review official sources before making any decisions based upon the content provided here.




    Saturday, July 20, 2024

    American Boat & Yacht Council Inc plays a significant role in promoting boating safety through the development and publication of voluntary standards for boat safety. By educating individuals on boating safety measures, this organization contributes to the overall improvement of safety standards within the boating industry. Their impact is particularly important in ensuring a safer and more responsible boating environment for enthusiasts and professionals alike.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $37,115
  • Program Service Revenue: $3,401,390
  • Gross Receipts: $3,700,391

    • Assets and Liabilities:
  • Total Assets: $1,921,910
  • Total Liabilities: $852,959
  • Net Assets: $1,068,951
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    SEMINARS

    Revenue

    $1,441,488

    MEMBERSHIPS

    Revenue

    $1,403,008

    GRANTS

    Revenue

    $485,894

    LICENSING

    Revenue

    $50,000

    PROFESSIONAL FEES

    Revenue

    $21,000

    Organization Details

    Founding Year

    1988

    Principal Officer

    John Adey

    Main Address

    613 THIRD STREET 10, ANNAPOLIS, MD, 21403

    NTEE Category

    Code: N03 - Recreation

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